If you do OTC futures trading and reach a certain amount, you may be suspected of illegal business operations. Statutory punishment is divided into less than five years and more than five years. According to the amount and situation, you'd better describe in detail what you did in the futures process and your own position.
1. An international futures contract refers to a standardized contract formulated by a futures exchange, which promises to deliver a certain number of subject matter at a specific time and place in the future. Some American futures contracts, such as soybeans and copper, will have an impact on domestic futures prices. Domestic investors can refer to the external market. Large producers and traders can also hedge spot trading losses according to the external market.
Second, the risks faced by futures investment:
The use of the function of risk capital amplification not only enlarges the income, but also faces the risk amplification. Therefore, how to use the lever of 10 or so depends on different people. A higher level can use more than five times or even enough leverage. If those with lower levels also use high leverage, it will undoubtedly make the risk out of control.
Pinghe Baocang Exchange and futures brokerage companies shall settle accounts on every trading day. When the investor's margin is insufficient and below the specified proportion, the futures company will forcibly close the position. Sometimes, if the market is extreme, there will even be short positions, that is, all the funds in the account are lost, and even the futures company needs to pay the part whose losses exceed the account margin.
Delivery risk ordinary investors will not buy soybeans in a few months, nor will they short copper in order to sell copper in a few months. If the contract is held until the delivery date, investors need to collect enough funds or goods for delivery (the payment is about 10 times of the deposit).
Three, the shortcomings of futures have the following four points:
1, seriously short. The introduction of stock index futures is expected to change the previous unilateral market, that is, reduce and avoid unilateral rise.
2. Serious violations. Stock index futures trading is closely related to stock market trading, which makes the irregularities in stock index futures trading often involve the stock market, with wide influence and more complicated means. If this phenomenon is not stopped in time, there will be serious unfair transactions. Therefore, in order to maintain fair trade between the spot market and the stock index futures market, foreign stock index futures markets have taken many measures to prevent market manipulation between the two markets.
3. Serious injustice. Mainly refers to the current trading system.
4. Serious speculation. Stock index futures trading includes speculation and hedging, of which the latter is the main trading method.